Smart healthcare market to be worth $225B by 2022: 5 takeaways

A Grand View Research report projects the global market for smart healthcare products will reach a value of $225.54 billion by 2022, according to a medGadget report.

Here are five key takeaways from the report.

1. Smart healthcare technology includes products such as RFID kanban systems, EHRs, mHealth, smart syringes, RFID smart cabinets, telemedicine and smart pills.

2. mHealth is expected to be the fastest growing segment of the market through the forecast period. Growth is expected to be more than 40 percent.

3. EHRs account for the largest product segment in the smart healthcare market in terms of revenue. The EHR market was valued at more than $19.5 billion in 2014.

4. North America was the largest market for smart healthcare in 2014.

5. Key players in the market include:

•    AirStrip Technologies
•    Apple
•    Allscripts Healthcare Solutions
•    AT&T
•    Cisco
•    GE Healthcare
•    Given Imaging
•    IBM
•    Logi-Tag
•    Olympus
•    Pepperl+Fuchs
•    Samsung Electronics
•    Wurth Group

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